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Estimated LDPE consumption up 25% in Russia in January

March 09/2010
MOSCOW (MRC) -- Estimated LDPE consumption went up by 25% (to 37.63 kt) in Russia in January 2010, compared to the same period last year according to MRC Monthly Report.
Estimated LDPE consumption up 25% in Russia in January

LDPE output moved at 59.09 kt in January. Production decreased 3% compared to December 2009. The most serious decrease in LDPE output (by 19%) was recorded at Ufaorgsyntez.


Shipments to the domestic market were seriously limited by high exports (23.04 kt). The situation in the Russian LDPE market became more stable at the end of February because producers had cut down their exports.

LDPE imports fell by 67% compared to December. Imports of Polymirs material did not exceed 20 mt. In 2009, supply of Polymirs material moved at 43% of overall LDPE imports. Supply of Russian oil to Belarusian refineries was stopped at the beginning of 2010, and that was the reason of a serious decrease in utilization of LDPE production capacities at Novopolotsk.

 

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For more detailed information on the Russian PE market, see Monthly Report.

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